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15 important things you should know about AllianceBernstein AGSIX mutual fund

Updated: September 18, 2020
43
Bull Case
  • 10-year return above the benchmark
  • 15-year return above the benchmark
  • No sales load or distribution fees
Bear Case
  • Low net assets
  • 3-year return below the benchmark
  • 5-year return below the benchmark
  • High expense ratio

Before we start: if you’re looking for AGSIX “stock” price, you can quickly find it out by visiting Finny and typing "AGSIX quote". If you’re looking for a quick scoop on AGSIX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "AGSIX". You’ll get all this info in one place.

Are you looking to buy or sell AGSIX? Or perhaps you’re looking for AGSIX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this AGSIX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: AGSIX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: AGSIX buy or sell; the pros and cons of investing in AGSIX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to AGSIX.

And here is the list of questions we’ll answer:

  1. Describe AB Unconstrained Bond Fund, Inc; Advisor Class Shares (AGSIX).
  2. What are AGSIX holdings?
  3. What is AGSIX performance? What are AGSIX historical returns?
  4. How many up and down years did AGSIX have historically?
  5. What is AGSIX dividend yield?
  6. What is AGSIX minimum initial investment amount?
  7. What is AGSIX expense ratio?
  8. Does AGSIX have any sales loads or 12b-1 distribution expenses?
  9. What is AGSIX tax efficiency (tax-cost ratio)?
  10. What is AGSIX beta? How would you assess AGSIX risk?
  11. What is AGSIX Sharpe ratio?
  12. What is AGSIX Finny Score? AGSIX buy or sell?
  13. What are the pros of investing in AGSIX? What are AGSIX buy reasons?
  14. What are the cons of investing in AGSIX? What are AGSIX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe AB Unconstrained Bond Fund, Inc; Advisor Class Shares (AGSIX).

The Fund seeks a high level of current income and capital appreciation. The Fund invests at least 80% of its net assets in fixed-income securities and derivatives. The Fund invests in fixed-income securities of U.S. and non-U.S. companies and U.S. and non-U.S. government securities and supranational entities.

2. What are AGSIX top holdings?

AGSIX has 17 stock holdings and 602 bond holdings.

The top 10 holdings represent 1674.25% of total assets. Here are the top holdings:

Name Symbol % Assets
Option on iShares $ Treasury Bd 20+y ETF USD Acc Jun20 N/A 499.01%
Spx 2020/06/19 2800 Call 0% 19/06/2020 N/A 284.07%
Option on iShares JP Morgan USD Em Mkts Bd ETF Jun20 N/A 210.99%
SPX 2020/06/19 2650 CALL 0% 19/06/2020 N/A 138.17%
Korea Cdsb 488166 1% 20/06/2024 N/A 100.17%
Chile Cdsb 488222 1% 20/06/2024 N/A 93.88%
Itraxx-Australias31v1-5y Cdsb 1% 20/06/2024 N/A 87.05%
Itraxx-Australias31v1-5y Cdss 1% 20/06/2024 N/A 87.05%
Cdx-Naigs32v1-5y Cdsb 510899 1% 20/06/2024 N/A 86.93%
Cdx-Naigs32v1-5y Cdss 488483 1% 20/06/2024 N/A 86.93%

3. What is AGSIX performance? What are AGSIX historical returns?

AGSIX has generated the following returns:

  • 1-month return is 0.32%;
  • 3-month return is -3.97%;
  • 1-year return is -1.17%;
  • 3-year return is -2.58%;
  • 5-year return is 0.10%;
  • 10-year return is 1.68%;
  • 15-year return is 2.34%.

4. How many up and down years did AGSIX have historically?

In the last 10 years, AGSIX had 7 up years and 3 down years. See Performances

5. What is AGSIX dividend yield?

AGSIX yield is 6.07%.

6. What is AGSIX minimum initial investment amount?

AGSIX minimum initial investment amount is N/A.

7. What is AGSIX expense ratio?

AGSIX expense ratio is 0.65%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses. See Expenses

8. Does AGSIX have any sales loads or 12b-1 distribution expenses?

AGSIX 12b-1 distribution fee is 0. AGSIX front-end sales load is 0. AGSIX back-end sales load is 0.

9. What is AGSIX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 2.03%;
  • 3-year ax cost ratio is 1.31%.

See Taxes

10. What is AGSIX beta? How would you assess AGSIX risk?

  • 3-year beta is -0.70;
  • 5-year beta is -0.38;
  • 10-year beta is 0.06.

See Risks

11. What is AGSIX Sharpe ratio?

  • 3-year Sharpe ratio is -0.95;
  • 5-year Sharpe ratio is -0.20;
  • 10-year Sharpe ratio is 0.40.

See Risks

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 43. Our quantitative analysis shows 3 reasons to buy and 4 reasons to sell it, resulting in the Finny Score of 43.

13. What are the pros of investing in AGSIX? What are AGSIX buy reasons?

The following are AGSIX strengths from our perspective:

  • <strong>AGSIX 10-year return</strong> is 1.68%, which is higher than the 10-year return of the benchmark index (ICE BofA US 3-Month Treasury Bill TR USD), 0.64%.
  • <strong>AGSIX 15-year return</strong> is 2.34%, which is higher than the 15-year return of the benchmark index (ICE BofA US 3-Month Treasury Bill TR USD), 1.3%.
  • Good news: this fund does not have 12b1, front-end or back-end sales fees.

14. What are the cons of investing in AGSIX? What are AGSIX negatives?

The following are AGSIX weaknesses from our perspective:

  • <strong>AGSIX net assets</strong> are $110.40 million. This fund is not a popular choice with retail investors.
  • <strong>AGSIX 3-year return</strong> is -2.58%, which is lower than the 3-year return of the benchmark index (ICE BofA US 3-Month Treasury Bill TR USD), 1.71%.
  • <strong>AGSIX 5-year return</strong> is 0.1%, which is lower than the 5-year return of the benchmark index (ICE BofA US 3-Month Treasury Bill TR USD), 1.2%.
  • <strong>AGSIX expense ratio</strong> is 0.65%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the AGSIX review, we covered AGSIX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
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